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. >>> but up here first, a black box can track and tax every mile you drive. this one may drive you mad. ♪ as your life and career change, fidelity is there for your personal economy, helping you readjust your retirement plan along the way, rethink how you're invested, and refocus as your career moves forward. wherever you are today, a fidelity i.r.a. has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. medicare open enrollment. of year again. time to compare plans and costs. you don't have to make changes. buit never hurts to see if u can find bettoverage, save money, or both. and check out the preventive benefits you get after the health care la open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare >> announcer: introducing the redesigned jitterbug plus, our smartest, easiest cell phone yet. >> when i heard about the jitterbug, i went online and ordered one for my mom. now my mom has a cell phone she actually enjoys using. >> announ
is talking about accepting a budget deal without any knew taxes. on timing. as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! ♪ neil: the conventional wisdom is that it will get nasty. you know, democrats are going to keep demanding high taxes and more taxes as part of any deal. lo and behold, or that the white house might be pulling a head fake or sincerely meaning they do not want taxes to be part of it. all the suddenness of the white house. >> trying to frame the debate. taxes were never on the table. this is all about spending. this is about the democrats to want more spending. upset at the sequestration. the only fight that the rep
out of 12% declared that america's large profitable corporations are paying a lower tax rate than our teachers and firefighters. this went back and said, look, this isn't the way to do it, not one year, because it followed the recession. it followed 2008 and 2009. you remember ge and other corporations? the entire financial sector had a lot of writeoffs. he did a different study. he went back and did 2004 to 2010, he counted all taxes paid worldwide, including state, including foreign, and the effective tax rate of all u.s. corporations exceeded 35% from 2004 to 2010. the other thing he found out was since 1997 all the leading economies of the world, 31 out of 34 have cut their corporate tax rates to attract job. >> did you say that includes foreign taxes too? >> includes foreign taxes. >> i mean, don't we only care about taxes paid here in the united states? >> why, because that's all we collect? >> yeah. it doesn't matter if we collect, it matters how competitive -- >> it matters if you're looking at u.s. tax receipts. if you're looking at u.s. -- >> doesn't it matter whether u.s. c
, for french footballers is kicking off as francois hollande holds firm on his top tier tax rate. we'll cross to paris at 10:20 cet. >>> and twitter's road show continues with the social media firm visiting chicago today. the company's set to start trading next thursday. but is the ipo price too conservative? we'll discuss that and plenty more coming up after this. [ female announcer ] what if the next big thing, isn't a thing at all? it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >>> part nationalized financing rbs will be creating an internal bad bank to separate toxic assets from the rest of its business. that as the lender's sole losses narrow from a year ago. it announced it was setting aside another 250 pounds for ppi selling provisions. rbs warned of a substantial full year loss. it expects litigation charges to continue. our br
subsidizes health care for people under 65 is through a tax provision, where if your employer pays your cash, you pay taxes on it and if he pays in health insurance, you don't pay tax. this reduces revenue by $300 billion a year. if it were a government program, it would be one of the largest within the federal government. the way the subsidy is structured, the higher the tax rate, the more it is worth. ted cruz, his wife is a highly paid investment banker, they get their insurance through a cadillac plan at goldman sachs and it cost $40,000 a year in 2009. to get a sense, family health insurance would cost 15,000 or 16,000, well more than twice as expensive as normal. the tax benefit is worth about $15,000. now the cost to insure a family of four on medicaid at that time was about $11,000. so that it's not that their health plan cost more than medicaid but the part subsidized by taxpayers cost more than the entirety of medicare coverage. what the affordable care act does is shift around the subsidies, it takes the money and puts it to people who need it either because they have low incomes
in $5,200 a year but the league untouchable by the tax man? why the league has been able to be tax exempt and who is trying to stop that. >> a new study reveals music does more than make us all dance. why children might want to listen to us before they take a test. [ grunts softly ] [ ding ] i sense you've overpacked, your stomach. try pepto to-go. it's pepto-bismol that fits in your pocket. relief can be yours, but your peanuts... are mine. ♪ we need a new recipe. let us consult the scroll of infinite deliciousness. perfect. [ wisest kid ] campbell's has the recipes kids love. so good! [ wisest kid ] at campbellskitchen.com. [ gong ] m'm! m'm! good! >> 26 palestinian prisoners rb released. they will be the second group of prisoners to be let go since august. israeli and palestinian representatives began talks in jerusalem this summer after a three-year hiatus. as part of the process israel agreed to release 104 palestinian prisoners. edwa a trader according to michael morrell. he claims the nsa leaker caused more harm than good-bye releasing the nsa secret play book. still the f
for the subsidy and then once we reconcile these records, they get taxed the money back off of their refund. and so this is what i mean when i say rude awakenings. people are signing up for insurance. they're getting tax credit subsidies funded by taxpayers. the irs is already telling us they're confused about how to do this. you're not telling us whether or not you're proactively determining whether, say, an under 26-year-old is actually eligible for the subsidies you're trying to sell them and the problem is once we learn whether or not they were eligible and if they weren't, people in good faith will be signing up for subsidies that they're not eligible for. >> i think you're asking a different question, which is are we doing 100% income verification on everyone. >> and subsidy eligibility verification. >> yes. so part of the question in the application process is are you depending on your parents, on your parents tax plan so that is part of the questioning that goes on and if so we move them in that direction. more importantly, part of what you're asking is the income verification, whic
republican after republican talking about cutting taxes, talking about growing the economy, but not reaching two of the folks, the middle class, the working man and woman, it's like the republican party has forgotten the middle class exists. >> well, i certainly agree with you, lou, in terms of making that contact with working families. and the biggest challenge families face in virginia is economic opportunity. it's jobs. there are enormous s.w.a.t.s wa because people have been unemployed so long. there's a big difference between me and terry mcauliffe. i can explain my plan to grow jobs and cut taxes, and he's proposing more government spending. $1,700 more in taxes per family versus my $700 tax cut. but a lot of them zero in now this month on obama care. and there's a stark difference between me and terry mcauliffe there also. and once again, his approach is bigger government, and mine is smaller government. i was the first to fight obama care, and he wants to expand it. >> you were the first one to fight it. you were the first one to sue on obama care. >> right. >> at the same time, is t
varied from a but as a practical matter anyway that you can put away free tax money, save it to you are going to need it later. the way things are going you want to do as much as you can now no matter what age. gerri: i agree with that entirely. what additional vehicles should people be looking for. max out your four -- 401(k). >> if you have children, grandchildren, the 529 plan. that has not been tampered with by our politicians. that too has been enlarged from its original levels just like 401(k). so there are vehicles like that. 529 is a good one if you want to help accomplish the savings. gerri: absolutely a great idea for people out there who are looking for additional ways to save. so many folks out there are over invested in bonds because they got burned last time around in the stock market. what are you telling your clients right now? >> well, the stock market has been in an uptrend, and it is still intact. as long as we have low inflation which we do, very low interest rates, that is where they are, and we will have them for a while longer assets have an upward bias, real
, coming up. >>> imagine paying your taxes by the mile. the government charging you based on how far you drive. the new proposal. we'll tell you about it. who? not so much. my customers can shop around. but it doesn't usually work that way with health care. with unitedhealthcare, i get information on quality rated doctors, treatment options and cost estimates, so we can make better health decisions. that's health in numbers. unitedhealthcare. #%tiaintroducing cardioviva: the first probiotic to help maintain healthy cholesterol levels without a prescription. cardioviva. >>> time now for a political gut check of the morning. the white house is reviewing all u.s. surveillance programs after reports national security agency was spying on some 35 world leaders and the top senator on the senate intelligence committee says he is totally opposed to that surveillance and that data collection will not continue. cnn's chief national correspondent john king is here to talk more about all of this. it's pretty interesting where things have gotten with this spying controversy, john. the white house is
. >> no. neil: really. it is only be addressed by raising taxes. >> not just raising taxes on the rich, you began with ron at reagan, my mom would be motor fid. -- she voted for ronald reagan once. >> what happened to you? >> what happened to the republican party is the real question. the people in congress that mercedes is referring to. neil: ronald reagan said, government is not solution to the problem, it is the problem. i am wondering when the leaders, prominently the democratic party, said the spending well has run dry, we have to raise taxes, i get worried that is all i'm saying. >> i hope, it is an election year, we're looking at here, if they could look at slowing down the increase of the cost of living for social security, look at -- >> would you be open to that. >> and you know there is a chance there could be an elimination of certain tax cre. neil: a grand bargain. >> would she be willing to raise the minimum wage. neil: where does that come from? >> you need businesses. >> there you go again. a horrible impression. i want to thank you, we'll see the debate ensues great jo
'm assuming, as i pay my taxes, that they're listening to everybody. >> yes, i hope so. and who is that lady that -- >> what they're not doing, i'm assuming, is taking notes. i think where we went wrong with the u.s. administration, joe, they wrote it down that they were listen to go angela merkel. >> that's what happens. who's that lady that tells daniel craig what to do? >> m. >> she knows, right? >> yes. i'm just trying to get this straight. the germans, they're rich. the germany at this point is -- it reminds me of cas casablanca. germany has not earned its spying outrage with all of their arms dealings and all the -- anyway, we get involved in everything over here, ross. >> there was a report yesterday, annette talked about it out of frankfurt. there was one report in the german press that said it may -- because of hangovers from the laws post the war, it may not be illegal for the u.s. to spy on the -- to listen in on the german fwoft. so there is some debate about whether the u.s. has broken any german law whatsoever. >> right. anytime you guys want you to stop funding nato and protec
their coverage. it's until they start getting the benefits of better coverage and the tax subsidies that come with it, which will make that coverage in many cases cheaper than the ones they currently have, that they won't understand or won't feel good towards obama, let's say. so that's why this whole rollout matters, they need to show the benefits of this in addition to the pain it was causing. >> still ahead the ceo of america's largest private health exchange joins us, how he is offering to bail out the government's troubled website. "morning joe" is back in a moment. ♪ [ male announcer ] you know that family? the one whose eye for design is apparent in every detail. whose refined taste is best characterized by the company they keep. well...say hello to the newest member of the family. the cadillac srx, awarded best interior design of any luxury brand. take advantage of this exceptional offer on the 2013 cadillac srx, with premium care maintenance included. (coffee be♪ng poured into a cup.) save your coffee from the artificial stuff. switch to truvia. great tasting, zero-calorie sweetn
to stay in network. great plans. by the way, what about when you're going to get taxed for the golden plan? you're paying $20,000 a year-plus. but now we're going to tax you because you're paying too much. >> what's interesting, senator, is the fact that i think over the last couple of weeks, going on to a month, mainstream media is kind of waking up to this. i think the story that only six people signed up on the first day came from cbs news. a lot of people are going we really believed this guy, but maybe we shouldn't have. >> can you imagine? at the end of the day 47 people, and they're saying hundreds of thousands of people -- >> it's the volume. that's what broke it. the volume. >> right. you know what it is? it's just this idea i'm going to do it my way. it's the old story of power. absolute power corrupts. so when the democrats controlled both houses overwhelmingly, they didn't look for compromise. they didn't look to involve others. they jammed it through. now they're paying the price. they're not. the american people are going to suffer. >> i read a lefty blogger somewhere on the
businesses are going to be taxed heavily. that small businesses are going to see their rates go through the roof, and they're going to have to let people go. >> well, the fact is that anybody under 50 employees, they don't have to do anything if they don't want to. but folks under 25 employees, we're urging them to check object th on this exchange, because they could get some tax credits and they might be able to provide affordable health insurance for their folks at a lesser cost than what most of them are doing right now. >> so how could 400 businesses in kentucky have it wrong? why don't we have 49 other kentuckies across america? well, it's obstruction. that's the story on the ground in kentucky. but this is the story in washington. >> when it it comes to jobs, some have called the law the single biggest detriment to job creation in america right now. >> part-time workers, the poor, pay still have no insurance, but now they may have no job. >> jobs are being lost, premiums are going up. >> the real problem is we're driving everyone out of the individual market. >> it's time to revis
, taxpayer subsidies of workers who work at walmart, they see tax payers filling the gap of low wagers. i asked him about this report from the committee, estimating 300 worker, walmart supercenter in wisconsin for example, would likely cause taxpayers $904,000 a year in employee -- in taxpayer subsidies, medicaid, welfare benefits, other benefits, and this is what he said. >> we are no different than any other retailer in america. we provide opportunities for people to join the company and to grow. the level of subsidy that exists is an issue that the, you know, the government decides. >> he also wanted to point out and did a couple times in the interview that those critics are influenced by pro union groups, you know, who want to unionize walmarts. he said, we provide a good entry level job. they are the biggest player. there's nobody bigger than walmart. what walmart does really, really matters. what they're trying to say, amidst all this discussion about are they not paying enough, they're trying to show they do promote people and they are a place to work where you do have some mobilit
pass a budget that cuts things we don't need and closes wasteful tax loopholes that don't help create jobs so that we can free up resources for the things that do create jobs and growth. building new roads, building new bridges and schools and airports. that creates jobs. >> meantime, republicans are doubling down today on the problems that be have plagued the obama care website with senator dan coats of indiana delivering the weekly gop response. >> too many americans still cannot even access the online exchanges and for the few that have, their experiencing sticker shock. the president told us that obama care is more than a website. i agree. it it is more than just a website and the problems run far deeper than a few technological glitches. >> well, the white house released a progress report late friday on the website fix saying it is improving with users now waiting an average of less than a second for pages to load compared to eight seconds in the first few weeks. teams are working to improve the application process and increase system speed and efficiency. another round of fixes
growth and the rest of us who do work have to pay much higher taxes, which we are now. as a consequence, we can't afford the basic things in government that we need, like a decent national defense or expenditures on science and technology. the chinese seem to have a better space program than we do these days. >> you mention defense. we've got a graphic that shows how defense spending as a percentage of the tkpwopd has gone -- as a percent of the g.d.p. has gone down. in 2012 it was 12.3%. fast forward to the 2016 estimate and it looks like just 3.1%. what's the matter with spending less on our national defense, professor? >> let's look at what's happening in the middle east and asia. in the middle east we've abandoned egypt, for example, narrowing our focus. they justify this by saying we're shifting resources to asia. look at what has shifted to asia. not that much. now the japanese, the prime minister is saying that japan has to rearm to protect itself from china because they understand that just as the president abandoned morsi to the mob in the streets, when it really counts on thos
it in the fiscal cliff bill when they extended permanently $4 trillion of tax cuts for the upper part of the households in america. low income people weren't going to be impacted anyway, we never should have extended those taxes. you can't get them back now. it's permanent. and so there's no revenue except trivial loophole closing which will never happen because the lobbies dominate the process. and then finally, if i could just say, president obama stuck his toe in the water on entitlement reform, but it was the wrong toe. he said, you know, chain cpi. well, that means the person on minimum benefits is going to get hit if they had no other income. $9,000 a year, they're going to get hit. whereas a retired in florida living on a golf course getting $50,000 a year on social security and medicare is going to barely feel the nick. there should be means testing where you take the savings out of the top. so what we have is a total stalemate. we're going to do nothing on entitlements. they're going to try to raise -- >> so your forecast from your answer is you think we're going to be doing
a rather attractive tax structure. but in some ways, this is a big public relations exercise over the next couple of days to prove there is more to technology here than just the tax system. so you can see behind me, a whole bunch of stores where many of these engineers are showing their wears or if they're pitching on stage trying to secure a venture capital money. they're all here trying to prove that technology in ireland is one that the prime minister has been focusing on. i'm going to be catching up the prime minister prime minister later on as we see that bell rung for the nasdaq. between the technology sectors in the states and here in europe, this is a company serving a growth story. let's hope it is one for ireland, ross. >> good stuff. thanks for that, ross. don't forget, come up tomorrow, karen will have interviews with the current rising stars ryan homes and hoot suite. that's tomorrow. right now, you need to keep et here on cnbc. coming up with the countdown to the opening markets stateside, whatever happens, though, we hope you have a profitable day. bye for now. >>> good morn
are -- >> you want them better or -- >> no. it's expensive. >>> we're going to talk about the sugary drink tax debate. also, in sports news, the boston red sox, can win the world series tonight at fenway if the cardinals win. game seven, that's going to be in boston. >> if they win in boston, it will be the first time since woodrow wilson. (vo) you are a business pro. maestro of project management. baron of the build-out. you need a permit... to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. >>> after singapore airline stops service between singapore and new york, which airline will have the longest flight with no stops? qantas airways with 8600 mile flight between sydney and dallas. >>> time now for the executive edge. this is our daily segment focused on giving business leaders a leg up. almost every major insurance has a review of the new apple ipad air today. and re
because the government is now discussing tax reform, it is now discussing structure reform. so in many next year, for keeping the government on its turf with less positive news is probably the most important thing to do right now. >> all right, martin, thanks for that. martin schulz in tokyo. if you have any thoughts or comments, e-mail us, worldwide@cnbc.com. >>> on today's show, stress tests are welcome as cnbc's paribas. after the break, we'll be in paris to hear what else he had to say. >>> dublin is host ago summit with the top web companies and entrepreneurs. within the next half an hour, we'll go there to talk to two rising stars on the internet. ryan holmes and karen levie of gox. >>> but the glory is fade iing an oil company files for bankruptcy. we'll discuss that and a big earnings story. >>> now a recap of the headlines today, more liquidity will avoid a shock ending to ltro. >>> auto a big earnings day across the world, alcatel lucent, some suffered in the european open, but shell stocks hit the skid. >>> and in the u.s., facebook beat forecasts, but worries persist over a
and consumed in private residence but public consumption remains illegal. your tax dollars going to foreign flights. washington is meeting to discuss this very idea. jolene kemp from the fox business network is here to explain this. what does this mean for us? >> they are bidding for hundreds of millions of dollars in u.s. loan money to require boeing. the import bank meets today whether discuss whether the airlines can receive a loan to purchase 6 boeing jets. they have a record of safety problems reliability issues and did not turn a profit in august 2009 report said the united nations asked the staff to avoid the airline entirely. it has given 84 percent to boeing. the apple iphone was supposed to have longer battery life but the battery is training quickly. the company did not say exactly how many were defective but in apple sold 9 million iphones the most ever in a single launch. it has faced battery issues before with the lap top. it duds not effect the safety of the iphone batteries. >>> lovers of mcdonalds coffee will be able to brew their morning joe at home. it will test sell pack
, the republican position, this no revenues thing, even if it's revenues to stop massive tax abuse, massive tax evasion, that kind of position in the end that leads us to cutting food stamps. today it starts. big cuts for the poorest people in the country, day after halloween. you are getting millions of people cut today on their ability to eat and feed their kids. why? because they are standing up in congress, still. don't make the banks pay taxes. don't make google and amazon and apple pay taxes. let them keep their money. >> i understand. let's talk -- let's talk about the big issue. >> it's collapsing. >> let's talk about the big issue and i think we agree on this. by the way, i agree, we shouldn't slash and burn the 12, 13, 14% and leave the big entitlement systems out of touch. you have harry reid asked in an interview about medicare and social security. he said why do you keep bringing it up? you are obsessed with it. we are not going to do anything on those. we are not going to touch those. that's where the long term -- if we want to save america from debt, that's the long term fix. >>
of limited government, lower tax, more next government and stronger families. chris christie is pro life, pro marriage. he's tried to cut income taxes. he's held the line on property taxes. what it shows, harold, is candidates matter. >> ralph, i don't know if you have time to stake round. thank you so much for joining us. just ahead mike hall briperin a john heileman separate fact from fiction. i get bonuses even working part-time. where i work, over 400 people are promoted every day. healthcare starting under $40 a month. i got education benefits. i work at walmart. i'm a pharmacist. sales associate. i manage produce. i work in logistics. there's more to walmart than you think. vo: opportunity. that's the real walmart. she'and you love her for it.ide. but your erectile dysfunction - that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell y
're in this together. we'll see it through. >> we need to delay the mandate tax. we need to fix this problem. >> it's been a rough couple weeks in washington. >> the shutdown was so magnificent, run beautifully. i'm so proud of these republicans. >> it's an american horror story politically. >> happy halloween. >> now that raphael call me ted cruz, he might need to get his father to tone it down, too. >> the attacks not just come from the liberals. the attacks come from the other side too. all these republicans in name only. washington is not used to what they have seen with senator ted cruz. as a matter of fact, one of those rhinos came to him within the first months like that saying, now, look, you're a junior senator. you're supposed to be quiet. and he said, i was not elected to be quiet. i'm not going to be quiet. >> was that john mccain that said that? >> i refuse to answer on the grounds that it might incriminate me. >> of course raphael cruz, sr. saves his harshest language for the president of the united states. >> we have our work cut out for us. we need to send barack obama back to chica
their support. their tax exempt status including the big hospital up in boston that's where, what is it, the patriots, new england patriots get their rehab done. >> that's right. it may lose its tax exempt status. sort of under the microscope under obama care. >> unbefore the boston -- in fact, the last boston marathon victim who had to have a leg amputateds a result of the boston bombing, there he is sadly, it's called the spalding rehabilitation hospital. it's run by a 501 c 3, non-private hospital. under obama care, one of the sicious obama care would provide charity to people coming in off the streets that don't have healthcare coverage. now that law because of obama care scrutinized where they are having to roll back the charitable contributions they give to the community in the case of folks that come in off the street that don't have health insurance. >> former president jimmy carter whose name has become synonymous with oppressing attacked obama care yesterday saying this doesn't work very well. when jimmy carter calls you ineffect actual that's 6 people signing up because the w
now with brooke baldwin. >>> it's called a virgin tax. nl rookies shelling out big bucks, part of a hazing ritual. but in one locker room, did it go too far, sending one player over the edge? >> i'm brooke baldwin. the news is now. >>> police missing the alleged l.a.x. gunman by minutes. you will hear from his roommate. >> midair scare. two planes collide, but every passenger survives. thanks to what they wore on their backs. >>> plus -- ♪ that that don't kill me >> kanye west scorched the confederate flag, but will his young white fans imitate the rapper? >>> and -- >> are you okay? >> a new drug reverses overdoses, including this woman's brush with death, all caught on video. >>> and here we go. i'm brooke baldwin. thank you so much for being with me on this monday. more than a decade, she was held captive along with two other women enduring just absolute unspeakable torture in the home of ariel castro. now, michelle knight is sharing some of the startling details about her time inside that home in cleveland. sitting down for an incredibly emotional interview with dr. phil.
. they don't care about hard-working americans who own property, who pay taxes. these regulations could be -- keep you from developing your property, keep you from perhaps fixing a storage issue, drain issue on your property, if you have water drainage issues, you need to fill in some holes or something. these regulations will keep you from doing what you want to do, what's best for your property. >> you know, it sounds, in addition to a great big power grab, it sounds like this is also a way to create some fine revenue, where if you're doing something wrong -- and who knows what it is -- it's broad enough they can say anything is wrong, they're going to start levying fines against people for standing water on your property. >> right. or you have to get a permit. i think the bigger picture is about control because environmentalists don't want land to be developed. they don't want oil or gas or coal to be drilled out of the ground. remember, the e.p.a. has regulations on the coal industry. it's killing jobs and it's bankrupting the coal industry. when you think about it, it's a power gra
of taxes and fees associated with the affordable care act that need to go into pricing, so all those things create a very unstable market, cause us to rethink the fundamentals. >> like everything else here, you look a little closer and it's not so simple. divide aetna's billion in costs by its 22 million members, comes out to $45 apiece. so we put this issue to our cnbc global cfo council. 25 chief financial officers representing some of the nation's biggest and most important companies. about half of them responded to our questions. 64% see health care costs per employee rising this year, but a plurality says less than 10% of the increase has anything to do with the affordable care act. indeed, rising premiums at work are nothing new. the kaiser family foundation says over the last ten years, your contribution for health care at work has gone up on average 89%, all of that long before obama care. >> it has been happening every year as you and i and anyone who has a corporate plan knows. you're paying higher deductible, more out of pocket, higher monthly bills. >> we don't know what it's go
by name. all this kind of stuff that you have to supply to the irs to try to get tax exempt the fec had asked for information about these groups. and they specifically asked public information. they were not asking for anything private. there was in note from the fec about a group called the american future fund. and the fec official wrote if the irs has granted this group's exemption, would it be possible for you to send me the publicly available information and documents related to it. >> i mean,. >> this is so outrageous. i mean, beyond -- i mean, this happened in february of 2009. and these are emails, i mean, it's not like this is -- like a big mystery at this point. these are her emails to the fec? >> right. >> is she being looked at or investigated for criminal prosecution? it's not legal to send that information. i mean, enough is enough. at some point, you know, someone ought to take a look at this. >> we don't know what, if anything, prosecutors are doing right now. they don't come out and announce it usually when they are starting these kinds of investigations. this stuff is
should pass a budget that cuts things we don't need and closes tax loopholes that don't help create jobs so we can free up resources for the things that do create jobs and growth. building new roads. building new bridges and schools and airports. that creates jobs. >> too many americans still cannot even access the online exchanges and for the few that have, they are experiencing sticker shock. the president told us that obama care is more than a website. i agree. it is more than just a website, and the problems run far deeper than a few technological glitches. >> the white house released a progress report on the website fix saying it is improving with users waiting less than a second for wages to load, compared to eight. they are work to go improve application process. wanda summers and ed o'keefe. good morning to you both. thanks for joining me. >> good to see you, alex. >> as the the house and senate negotiators met on tuesday, they are just waiting to reach a deal and we reach the debt ceiling february 7th. will it turn into another 11th hour fight? or might we get something done unt
the federal government want to track you in your car, they want to tax you for every stinking mile. dorothy hamill the ice skating legend joins us live. she has a great story to say to you. cheryl casone has the top five companies hiring right now and one of the funniest people in the world tim conway has a brand new book. he will be right here on the couch with us. it's your channel for news "the fox news channel." well, did you know that when a tree falls in the forest and no one's around, it does make a sound? ohhh...ohhh...oh boy! i'm falling. everybody look out! ahhhhh...ugh. little help here. geico. fifteen minutes could save you...well, you know. anybody? >>> cell phones can do many things, even stop a bullet. a florida man pulled a gun on a gas station clerk and demanded money. when he didn't open the safe, the would-be robber fired a shot and took off. later when the clerk grabbed his cell phone from his shirt pocket, he found a bullet lodged in the screen of his phone. wow. >> we all know facebook can tell us a lot about a person but scientists are now saying they can piece togeth
market, encourage health status insurance. these are real things. we have to get rid of that tax subsidy for employer provided insurance. there's substantive changes that could have been made that would have moved things to the private sector in a productive way. >> john, just an overall economic point. the point is in the private sector there's accountability. if you screw up somebody can go elsewhere. but if the government eventually takes control of the entire health care market, 1/6 of our economy, we will have nowhere else to go. >> we have the government fails, they'll just get more money to fail even more. and you know, getting back to rick's point about, he's talking about catastrophic needs for health care. >> exactly. >> that's what the market can fix very easily in terms of cancer and heart disease. we could buy catastrophic insurance very easily and very inexpensive precisely because it's far more rare. you've got to let the markets in. what rick is doing and it's very naive is going to remove that market force from -- and it's going to make it very more expensive and very mo
from? >> we don't have it. we may have to tax more in the future to get it or tax somebody to get it. but we don't have it now. >> will more regulations mean more taxes which is what they're trying to do? >> these new regulations would affect building codes, for example, the cost of building, the cost of rebuilding after a storm, it would all go up. who pays and where do we get the money from? answer, in the long run it is going to have to be the taxpayer who foots the bill for this ultimately. so taxes have to go up or borrowing goes up, one of the two. remember, you satisfy a key constituency here. you satisfy the environmentalists. you are doing something about global warming or climate change, call it what you will. the unions love it because you're going to get backdoor infrastructure spending. >> we don't have the x.l. pipeline. let's look at how much these environmental disasters cost us. look in the 1980's, we had 144 disasters cost about $1 trillion. >> are we to assume all that spending between 1980 and 2012, $1 trillion, was the cost of the disasters, the natural disasters
, get that corporate tax rate down. >>> what's coming up on "mad" tonight? >> one of the greatest executives you never hear talked about is deb kafaro, she runs a fantastic real estate invest trust, phenomenal performance. the stock is down. the rates have not done well this year because of the spike up in interest rates. they are not that expensive anymore. this has been historically, one of the top three or four in the group. >> we are going to see you in a few minutes. get a cup of coffee and come back. >> i will, thank you >>> in addition to jim cramer's interview with consul energy, we are going to look at how apple is positioned for the results tonight. is facebook at the nasdaq or twitter when it launches? which of those two is the better investment for you? also ahead, we have pending home sales, how strong is housing now and is the fed the real wild card for these markets? hour two of "squawk on the street" monday morning. ♪ nice car. sure is. make a deal with me, kid, and you can have the car and everything that goes along with it. ♪ ♪ so, what do you say? thanks..
the year 2025. >> congress votes to raise the hotel tax on wi-fi to $40 per night. >> blackberry discontinues keyboard phone models while touch screen phones have switched to complex 3d imagery technology leaving me no way to communicate with anybody. >> nbc's "today" show again wins the morning's rating award carried by charismatic new cohost steve liesman. >> this has been "squawk horror stories" from the year 2025. the most free research reports, customizable charts, powerful screening tools, and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade, and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >>> some of the country's top cfos have weighed in on health care costs, and we have the exclusive results from our cnbc global cfo council survey. 55% said that more than 10% of their expected health care cost incre
out. >> it is. >> but it was $3.30. this is a tax cut for everyone, but it's not good for exxon, as we saw yesterday. >> do you think it's coming back, or no? >> oil? i hope not. >> even walmart said it's a tailwind, but offsed by the headwinds of higher -- >> i'm still forecasting $20 a barrel. i'm hoping for that for our friends in the midwest. let's look at the ten-year note. friends. saudi arabia doesn't even like us any more. 2.56% now on the ten- year. >> you can do it for your friends on the l.i.e. if we get down to 20, we'll -- >> that the. which is you when you rent a car to go out and get a pumpkin. >> this is getting better because germany is messing up with their export driven economy and there's no inflation. in fact, they're going to have to try and engender some inflation. one of the lead stories today is how low inflation in thor row zone is right now, which is, you know, raising the specter of -- and fear of deflation, which isn't good for anybody. i guess we'll go to europe first before we talk about all this other interesting stuff here. >> we have to talk about your
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